Search: HVCS
RBA Glossary definition for HVCS
HVCS – High-value Clearing System operated by Australian Payments Network (AusPayNet)
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Abbreviations | 2015 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
HVCS. High Value Clearing System. ICS. Initial Convenience Service. IOSCO. International Organization of Securities Commissions.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2015/abbreviations.html
Abbreviations | 2019 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
HVCS. High Value Clearing System. ICMA. International Capital Market Association. IOSCO.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/abbreviations.html
Abbreviations | 2020 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
FX. Foreign exchange. GMRA. Global Master Repurchase Agreement. HVCS. High-value Clearing System.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/abbreviations.html
Core Principle VII | 2005 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
APCA rules impose failover requirements on members of the HVCS. As part of its routine monitoring, the Reserve Bank contacts any member where a potential operational problem is identified.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2005/core-prin-7.html
Abbreviations | 2017 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
HVCS. High Value Clearing System. ICMA. International Capital Market Association. ICS.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/abbreviations.html
2019 Assessment of the Reserve Bank Information and Transfer System – Material Developments
9 Mar 2023
This includes a review of the current fall-back arrangements in the AusPayNet High Value Clearing System (HVCS). ... As noted above, the fall-back arrangements in place for HVCS, including in the event of a RITS outage, are being reviewed.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/material-developments.html
Developments since the 2005 Assessment | 2009 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
In addition to these meetings, the Reserve Bank continues to liaise closely with industry through its membership of relevant APCA management committees for a number of clearing systems, particularly HVCS, and
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/developments.html
Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2014 Assessment of the Reserve Bank Information and…
9 Mar 2023
The SWIFT PDS is administered by APCA under its High Value Clearing System (HVCS). ... The approval of HVCS establishes the legal basis for the netting of SWIFT PDS payments.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2014/appendix-b.html
Assessment against the Core Principles | 2009 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
Fallback arrangements, in the event that RITS is unavailable and a decision has been made that it is unlikely to recover, provide for multilateral netting of payments received from the HVCS ... In the extremely low-probability event that both the primary
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/assessment.html
Appendix A: Background Information | 2019 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
$ billion. RITS Wholesale RTGS. 49.2. 189.7. 184.3. –. SWIFT payments (HVCS). ... The SWIFT PDS is a closed user group administered by the Australian Payments Network, which sets rules and procedures for clearing payments in Australia through its High
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/appendix-a.html